Since the beginning of 2022, the Real Estate Contributions Committee has deposited 3,953,687,989 riyals into shareholders“ accounts, an increase of 16,79% compared to the same period in 2021.

The Committee clarified that the total area of land sold by the Committee reached 5,885,806 m², and that the Committee collected 64,073,635 riyals from enforcement orders for the benefit of shareholders, adding that it completed the sale of the Salman Bay project in Jeddah last week for 136 million riyals.

It noted that preparations are underway to sell 4 million square meters in Riyadh in October, and deposits for the benefit of shareholders are expected to exceed 5 billion riyals before the end of 2022, It is worth noting that "Tasfiya“ has so far recovered 15,375,935,855 riyals for shareholders and has distributed proceeds to 46,000 shareholders.